Sadly BP day traders in oily pennies are a necessary evil of the space, they are as equally as important as LT to MT investors in many ways, they provide liquidity on news and they also help very much appreciate the SP north, many throw dirt at day traders, but in the pennies we are pretty well buggered with out them tbh.
It Takes all types of investors to make a company successful BP, and a investor for a day or a decade is still a investor in the company we hold, it’s a tough space the oily pennies in particular for DT,s not many make bank by DTing oily pennies I give you the drum, the oily pennies are always a MT play imo, and it’s always my play in them, most of my oily penny investing is done with a annual plan at least and then is often extend to a 2 year play because of the inevitable delays in the O&G sector, BPH and MAY are a prime example of the MT oily penny play the past 2 years imo and along with the trials and tribulations of all
GLV looks solid to me atm and I’m happy to be a major holder for it to pan out imo $$$$$
GLTAH
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